CI Financial Corp.
CIXX
CIXX was delisted on the 19th of January, 2023.
117 hedge funds and large institutions have $1.43B invested in CI Financial Corp. in 2021 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 48 reducing their positions, and 14 closing their positions.
74% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $6.08M
71% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 14
22% more capital invested
Capital invested by funds: $1.17B → $1.43B (+$259M)
8% more funds holding
Funds holding: 108 → 117 (+9)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
27% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$46.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.9M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$30.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$28.3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$41.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$27.2M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$27M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$25.9M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$24.8M |
CIXX Hedge Fund Activity: Q1 2021 in Review
117 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in CI Financial Corp. (CIXX) for Q1 2021, worth a combined $1.43B — up 22% from $1.17B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new CIXX positions and 14 closed out — a net gain of 10 holders — while 35 added to existing stakes and 48 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $46.6M. The largest seller was Skandinaviska Enskilda Banken (SEB), cutting an estimated $41.4M.
- 117 institutional investors held CI Financial Corp. (CIXX) as of Q1 2021, up from 108 in Q4 2020.
- Funds reported $1.43B of CI Financial Corp. stock for Q1 2021, up 22% quarter-over-quarter.
- 24 funds opened new CI Financial Corp. positions in Q1 2021 and 14 closed out, a net change of +10 holders.
- The largest CI Financial Corp. buyer in Q1 2021 was Mackenzie Financial, an estimated $46.6M added.
- The largest CI Financial Corp. seller in Q1 2021 was Skandinaviska Enskilda Banken (SEB), an estimated $41.4M sold.
Based on aggregated 13F filings for Q1 2021.